Missoula, Montana based mapping startup onXmaps has raised a funding of $20.3 million in a Series A round led by global growth equity investor Summit Partners. The round also saw participation from Bessemer Venture Partners, Millennium Technology Value Partners, Next Frontier Capital and NBCUniversal CEO Steve Burke. This funding is one of the biggest round that […]
The 6th Annual World Government Summit this year in Dubai where India was a Guest of Honour, witnessed 4000 delegates and 130 Speakers including Narendra Modi, Robert Di Nero, Christine Lagarde, Edouard Phillipe etc and many more. On arriving at Abu Dhabi, PM Narendra Modi met with all the important delegates such as the business leaders […]
The year is 2018 and World Economic Forum is bigger than ever, the reason is obvious- ‘India’. There are several highlights that we’ll be talking about later, but the World Economic Forum is perhaps one of the biggest platforms in the world on which Indian Prime Minister, Narendra Modi’s hosted an opening session, sharing his […]
CME Group, the world’s leading and most diverse derivatives marketplace, announced on Tuesday that it intends to launch bitcoin futures in the fourth quarter of 2017, pending all relevant regulatory review periods. The new contract will be cash-settled, based on the CME CF Bitcoin Reference Rate (BRR) which serves as a once-a-day reference rate of […]
If history is a guide, Uber Technologies new Chief Executive Dara Khosrowshahi is likely to dangle data sharing and a promise to pay fines and fees when he sits down with London officials to negotiate the ride service’s future in one of its most important markets. From the Philippines to Portland, Oregon, the strategy has […]
India’s vernacular social networking platform, Sharechat, operated by Mohalla Tech Pvt. Ltd is in the final stages of raising $15-18 million in Series B round led by Chinese smartphone manufacturer Xiaomi and its founder Lei Jun’s venture capital fund Shunwei Capital.
Travis Kalanick stepped down Tuesday as chief executive of Uber as per the source The New York Times, the ride-hailing service that he helped found in 2009 and that he built into a transportation colossus, after a shareholder revolt made it untenable for him to stay on at the company.
Bengaluru Based Binge, an Indian fintech app which aggregates mobile wallets for restaurant bill payments, has been acquired by California-based direct marketing company vMobo. The amount of the acquisition was for $3.5 million. Binge’s technology was integrated with the larger entity in June, while the legalities of the merger were completed this month. The acquisition, […]
Cab and taxi booking service provider Ixigo cabs recently introduced outstation cab bookings by building a marketplace of inter-city cab aggregators and vendors with a unique reverse bidding model. Inter-city commuters will no longer have to deal with calling up multiple intercity cab vendors as over 250 of them will compete internally, getting you the lowest […]
Recent Global News Highlights Report: TutorGroup, a Shanghai-based online language learning provider, raised nearly $200M in Series C round, led by Singaporean sovereign fund, GIC and Goldman Sachs bringing its valuation to over $1B Varsity Tutors, an online platform connecting students with tutors for in-person and online sessions, raised $50M in Series B round led […]
More than anywhere else in the world, India has had the largest culture of jewelry for hundreds of years. Jewelry, gold and precious stones are deeply rooted in the Indian tradition and go as far back as far as the start of the Indian civilization itself. Until today, jewelry in India is not simply an […]